Gold after SVB fails (10 Mar 2023)
After SVB fails on 10 Mar 2023, gold was 4.7% higher three months on and 16.3% higher twelve months on, measured from the Feb 2023 monthly average of $1,855 a troy ounce.
- Gold before
- $1,855
- Feb 2023
- Gold +3 months
- +4.7%
- Gold +12 months
- +16.3%
- Silver +12 months
- +11.9%
In context
Silicon Valley Bank collapsed; gold rose about 9% over the following month.
Over the same months silver was 6.8% higher three months on and 11.9% higher twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 13th for gold twelve months on.
The market or central-bank moment before it on the chart: BoJ widens the yield band (20 Dec 2022).
The one after: Red Sea (11 Jan 2024).
Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast. Source: fdic.gov.
Updated Oct 2026 · record through Oct 2026